Lawrence Savarese Biography and Net Worth



Lawrence J. Savarese has been a Director of New York Community Bancorp, Inc. and of New York Community Bank since March 4, 2013. In addition to chairing the Audit Committee of the Company and the Audit/Examining Committee of the Bank, Mr. Savarese serves as a member of the Compensation Committee of the Company, the Salary and Personnel Committee of the Bank, and the Nominating and Corporate Governance and Risk Assessment Committees of the Company and the Bank. In addition, he also serves on the Credit Committee of the Bank.

From 1978 through 2012, Mr. Savarese enjoyed a successful career with the independent public accounting firm KPMG. For 19 of those years, he was an Audit Partner in the firm’s Financial Services Practice, serving as partner in charge of audits of both community banks and international banks with branches and agencies in the United States. During this time, Mr. Savarese served as KPMG’s representative to the New York Bankers Association and The Institute of International Bankers.

From 2008 to 2011, Mr. Savarese served as Audit Partner, Risk Management, for KPMG's Advisory Practice, where he developed and implemented advisory service protocols in connection with certain requirements of the Public Accounting Oversight Board. Prior to his retirement, Mr. Savarese was an Audit Partner in KPMG's Global Services Centre, where he designed and developed the standardized approach for auditing banks now used by the firm's Global Bank Practice.

What is Lawrence J. Savarese's net worth?

The estimated net worth of Lawrence J. Savarese is at least $0.00 as of March 17th, 2020. Mr. Savarese owns 21,225 shares of New York Community Bancorp stock worth more than $0 as of November 21st. This net worth evaluation does not reflect any other investments that Mr. Savarese may own. Learn More about Lawrence J. Savarese's net worth.

How do I contact Lawrence J. Savarese?

The corporate mailing address for Mr. Savarese and other New York Community Bancorp executives is 615 MERRICK AVENUE, WESTBURY NY, 11590. New York Community Bancorp can also be reached via phone at (516) 683-4100 and via email at [email protected]. Learn More on Lawrence J. Savarese's contact information.

Has Lawrence J. Savarese been buying or selling shares of New York Community Bancorp?

Lawrence J. Savarese has not been actively trading shares of New York Community Bancorp during the last ninety days. Learn More on Lawrence J. Savarese's trading history.

Who are New York Community Bancorp's active insiders?

New York Community Bancorp's insider roster includes Reginald Davis (EVP), Alessandro Dinello (Chairman), Marshall Lux (Director), Ronald Rosenfeld (Director), Lawrence Savarese (Director), Peter Schoels (Director), and Lee Smith (EVP). Learn More on New York Community Bancorp's active insiders.

Are insiders buying or selling shares of New York Community Bancorp?

During the last twelve months, New York Community Bancorp insiders bought shares 5 times. They purchased a total of 71,135 shares worth more than $875,605.83. The most recent insider tranaction occured on March, 21st when Director Marshall Lux bought 9,033 shares worth more than $99,995.31. Insiders at New York Community Bancorp own 6.4% of the company. Learn More about insider trades at New York Community Bancorp.

Information on this page was last updated on 3/21/2024.

Lawrence J. Savarese Insider Trading History at New York Community Bancorp

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Lawrence J. Savarese Buying and Selling Activity at New York Community Bancorp

This chart shows Lawrence J. Savarese's buying and selling at New York Community Bancorp by year and by quarter.

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New York Community Bancorp Company Overview

New York Community Bancorp logo
New York Community Bancorp, Inc. operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company's deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit. Its loan products comprise multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; one-to-four family loans; specialty finance loans and leases; warehouse loans; and other loans, such as home equity lines of credit, boat and recreational vehicle indirect lending, point of sale consumer loans, and other consumer loans, including overdraft loans. The company offers cash management products; non-deposit investment and insurance products; and online banking, mobile banking, and bank-by-phone services. It primarily serves individuals, small and mid-size businesses, and professional associations. The company was formerly known as Queens County Bancorp, Inc. and changed its name to New York Community Bancorp, Inc. in November 2000. New York Community Bancorp, Inc. was founded in 1859 and is headquartered in Hicksville, New York.
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Today's Range

Now: N/A

50 Day Range

MA: $11.06
Low: $9.81
High: $12.38

2 Week Range

Now: N/A

Volume

18,531,300 shs

Average Volume

8,349,293 shs

Market Capitalization

$4.38 billion

P/E Ratio

N/A

Dividend Yield

0.38%

Beta

1